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MPC plus (XKRX:050540) Cyclically Adjusted PB Ratio : 0.03 (As of Jun. 06, 2024)


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What is MPC plus Cyclically Adjusted PB Ratio?

As of today (2024-06-06), MPC plus's current share price is ₩359.00. MPC plus's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was ₩13,573.50. MPC plus's Cyclically Adjusted PB Ratio for today is 0.03.

The historical rank and industry rank for MPC plus's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKRX:050540's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.57
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

MPC plus's adjusted book value per share data for the three months ended in Dec. 2022 was ₩1,964.119. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₩13,573.50 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


MPC plus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MPC plus's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MPC plus Cyclically Adjusted PB Ratio Chart

MPC plus Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.24 0.99 0.16 0.19

MPC plus Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.06 0.06 0.06 0.06

Competitive Comparison of MPC plus's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, MPC plus's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MPC plus's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, MPC plus's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MPC plus's Cyclically Adjusted PB Ratio falls into.



MPC plus Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

MPC plus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=359.00/13573.5
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MPC plus's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, MPC plus's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=1964.119/115.2002*115.2002
=1,964.119

Current CPI (Dec. 2022) = 115.2002.

MPC plus Quarterly Data

Book Value per Share CPI Adj_Book
201303 27,484.800 97.987 32,313.005
201306 26,608.929 97.732 31,364.895
201309 26,768.085 98.479 31,313.161
201312 20,576.092 98.279 24,118.783
201403 20,777.027 99.253 24,115.318
201406 20,932.872 99.353 24,271.749
201409 20,754.205 99.608 24,002.977
201412 20,671.587 99.098 24,030.464
201503 20,420.320 99.720 23,590.302
201506 19,748.435 100.050 22,738.867
201509 20,539.737 100.110 23,635.819
201512 16,319.990 100.220 18,759.390
201603 16,272.895 100.560 18,642.012
201606 15,938.069 100.790 18,216.775
201609 16,379.051 101.460 18,597.181
201612 6,631.931 101.560 7,522.645
201703 0.000 102.850 0.000
201706 0.000 102.610 0.000
201709 0.000 103.490 0.000
201712 13,851.204 102.990 15,493.363
201803 12,234.002 104.100 13,538.516
201806 8,755.708 104.130 9,686.539
201809 7,810.357 105.650 8,516.372
201812 11,017.916 104.350 12,163.547
201903 10,742.948 104.490 11,844.098
201906 9,815.957 104.880 10,781.848
201909 8,711.342 105.200 9,539.433
201912 2,978.213 105.120 3,263.801
202003 6,672.191 105.540 7,282.904
202006 7,578.955 104.870 8,325.519
202009 6,706.397 106.200 7,274.748
202012 1,954.425 105.765 2,128.769
202103 839.660 107.357 901.002
202106 840.482 107.579 900.027
202109 2,140.987 108.759 2,267.782
202112 2,139.274 109.676 2,247.018
202203 2,161.716 111.806 2,227.345
202206 2,363.706 114.083 2,386.858
202209 2,243.535 114.831 2,250.742
202212 1,964.119 115.200 1,964.119

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MPC plus  (XKRX:050540) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


MPC plus Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of MPC plus's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MPC plus (XKRX:050540) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9th Floor Roseddale Building, Gwangpyeonno 280, Gangnam-gu, Seoul, KOR, 138-744
HANKOOK Corp Inc is a South Korean company operates as a information technology service provider. The company offers CRM solutions like analysis solution , IP solution, evaluation solution, and integrated counselling solution.

MPC plus (XKRX:050540) Headlines

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